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ING DIRECT offers free group buying deal on RedFlagDeals.com’s Deal of the Day

Switch to ING DIRECT’s THRiVE Chequing Account and get $185

Toronto (Ontario), July 18, 2011 – RedFlagDeals.com’s Deal of the Day ( DealoftheDay.ca ) is treating Canadians to a free group-buying deal from ING DIRECT, the bank whose mission is to give the power of saving to Canadians. From July 18 to July 25, 2011 inclusively, ING DIRECT is partnering with RedFlagDeals.com , a destination that helps Canadians save, and offering $185 for opening its new online, no-fee daily chequing account that pays interest; THRiVE Chequing. To benefit from the $185 bonus, Canadians simply have to “purchase” the free Deal of the Day offer and then set-up a payroll direct deposit before August 31, 2011.

“Deal of the Day is about offering value and encouraging Canadians to try new products and services. This free ING DIRECT deal gives consumers the opportunity to build a long-standing relationship with a service that will reward them with both short and long-term savings,” said Nicolas Gaudreau, Vice-President, Digital & Print Media, of Yellow Pages Group (owner of RedFlagDeals.com ).

“Social buying and direct banking share a lot of the same founding principles - innovation, giving the upper hand to consumers, and using social channels to give customers more information to make better decisions about their money,” said Peter Aceto, President & CEO of ING DIRECT. “These deals give broader access to products and services for consumers, and for businesses, they offer more opportunity to connect with the right kinds of customers – one of ING DIRECT’s key focuses.”

“We’re thrilled to be working with RedFlagDeals.com on this deal because of the outstanding reputation it has built as a source of information for Canadians who are looking to save their money – a cause the ING DIRECT brand has championed for more than 14 years,” said Aceto.

About the Deal
On average Canadians pay $185 per year in fees for their chequing accounts.

THRiVE Chequing is an online, no-fee daily chequing account that pays interest and offers many no-cost features such as unlimited transactions and bill payments, free email money transfers, free ABM access through THE EXCHANGE® Network's 2,400 machines, free email alerts and monthly online account statements, as well as the ability to write, deposit and view cheques online for no extra charge. THRiVE Chequing also offers Whoops! ™ Protection that covers clients up to $250 when they are a little short on funds for future dated transactions with no fee or interest, provided funds are paid back within 30 days.  Whoops! Protection is designed to remove the exorbitantly high and surprising non-sufficient funds (NSF) fees that can set back savings significantly.

Deal participants who open THRiVE Chequing and switch their payroll to the account by August 31, 2011 will receive $185 directly into their account, a week after their first paycheque deposit.

The Deal of the Day ING DIRECT offer is available from July 18, 2011 until July 25, 2011. Payroll transfers must be completed by August 31, 2011. For more information on this Deal of the Day, visit: www.DealoftheDay.ca .

RedFlagDeals.com’s Deal of the Day and Promo du jour , its francophone equivalent from LesPAC.com , are available in Toronto, Montreal, Ottawa/Gatineau, Quebec City, Calgary, Vancouver, Edmonton and Hamilton. To subscribe to Deal of the Day, visit DealoftheDay.ca and select your city.

About RedFlagDeals.com

RedFlagDeals.com is a leading provider of online promotions and shopping tools to Canadians that attracts more than 1.5 million unique visitors every month. Since September 2010, RedFlagDeals.com helps Canadians make substantial savings with its group-buying service, Deal of the Day . RedFlagDeals.com is owned by Yellow Media Inc. (TSX: YLO). Yellow Media Inc. owns and operates some of Canada’s leading properties and publications including Yellow Pages™ directories, YellowPages.ca™ , Canada411.ca™ , RedFlagDeals.com and LesPAC.com . For more information, visit corporate.yp.ca .

About ING DIRECT
ING DIRECT is Canada’s leading direct bank with over 1.7 million Clients and more than $37.6 billion in total assets. ING DIRECT gives the power of saving to all Canadians by offering high-value, simple products such as high interest savings accounts with no fees or service charges, low rates on mortgages and a no-fee daily chequing account that actually pays interest. Low cost, index based mutual funds are sold through ING DIRECT Funds Limited. ING DIRECT has been operating in Canada since 1997, and paid more than $4.5 billion in interest to clients. ING DIRECT is open for banking 24 hours a day, 7 days a week, at ingdirect.ca, on mobile devices at m.ingdirect.ca or by calling 1-800 ING DIRECT (1-800-464-3743).

Follow Peter Aceto on Twitter at: Twitter.com/CEO_INGDIRECT
And find ING DIRECT at: Facebook.com/SuperStarSaver ; Twitter.com/SuperStarSaver ; YouTube.com/SuperStarSaver

®THE EXCHANGE and ®THE EXCHANGE & Design are registered trademarks owned by Fiserv Inc. licensed for use in Canada by FICANEX Services Limited Partnership.

™  THRiVE Chequing is a trademark of ING Bank of Canada.

™  Whoops! Protection is a trademark of ING Bank of Canada.


MEDIA CONTACTS:
    

Hind Ounis
Yellow Pages Group
Communications Manager
Tel.: (514) 934-2097
hind.ounis@ypg.com

Lisa Naccarato
ING DIRECT
lnaccarato@ingdirect.ca
416-758-5072 (office)
416-885-0348 (mobile)

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